SEC Form 4 · accession 0001080730-15-000020
MERCER INTERNATIONAL INC. · MERC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Kent Ure
Officer — Senior VP Finance
Period of report
Feb 2, 2015
Accepted (ET)
Feb 3, 2015 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2015 | M | 11,057 | — | A | 23,723 | D | |
| Common StockF2 | Feb 2, 2015 | F | 5,307 | $12.55 | D | 18,416 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3,F1 | — | Feb 2, 2015 | M | 11,057 | D | — | — | Common Stock | 11,057 | 0 | D |
Explanation of responses
- F1Each performance share unit represented a right to receive one share of common stock of Mercer International Inc.
- F2Represents the average of the intraday high and low trading price on February 2, 2015.
- F3Each performance share unit represented the vesting on December 31, 2014 of the first tranche of performance share units awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance, share price performance and individual performance during the 2011 to 2013 performance period.